NYSE:STZ - Constellation Brands Stock Price, News & Analysis

$200.93
-0.73 (-0.36 %)
(As of 08/23/2019 10:37 AM ET)
Today's Range
$199.96
Now: $200.93
$201.08
50-Day Range
$186.26
MA: $197.96
$204.84
52-Week Range
$150.37
Now: $200.93
$228.91
Volume6,801 shs
Average Volume992,107 shs
Market Capitalization$38.49 billion
P/E Ratio21.65
Dividend Yield1.48%
Beta0.71
Constellation Brands, Inc, together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Light, Corona Premier, Corona Familiar Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Four Corners, and Ballast Point brands. Read More…

Industry, Sector and Symbol

Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
CUSIP21036P10
Phone585-678-7100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.88 billion
Cash Flow$11.8893 per share
Book Value$67.11 per share

Profitability

Net Income$3.44 billion

Miscellaneous

Employees9,800
Market Cap$38.49 billion
Next Earnings Date10/3/2019 (Estimated)
OptionableOptionable

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Constellation Brands (NYSE:STZ) Frequently Asked Questions

What is Constellation Brands' stock symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands declared a quarterly dividend on Thursday, June 27th. Shareholders of record on Tuesday, August 13th will be given a dividend of $0.75 per share on Tuesday, August 27th. This represents a $3.00 annualized dividend and a yield of 1.49%. The ex-dividend date is Monday, August 12th. View Constellation Brands' Dividend History.

How will Constellation Brands' stock buyback program work?

Constellation Brands announced that its Board of Directors has initiated a stock repurchase plan on Saturday, January 6th 2018, which authorizes the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) announced its quarterly earnings results on Friday, June, 28th. The company reported $2.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.06 by $0.15. The business earned $2.28 billion during the quarter, compared to analyst estimates of $2.07 billion. Constellation Brands had a return on equity of 14.98% and a net margin of 27.38%. Constellation Brands's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.20 earnings per share. View Constellation Brands' Earnings History.

When is Constellation Brands' next earnings date?

Constellation Brands is scheduled to release their next quarterly earnings announcement on Thursday, October 3rd 2019. View Earnings Estimates for Constellation Brands.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands issued an update on its FY20 earnings guidance on Friday, June, 28th. The company provided earnings per share guidance of $8.65-8.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.57.

What price target have analysts set for STZ?

23 brokers have issued 1 year target prices for Constellation Brands' stock. Their forecasts range from $174.00 to $274.00. On average, they expect Constellation Brands' stock price to reach $220.00 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Constellation Brands.

What is the consensus analysts' recommendation for Constellation Brands?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 8 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.

What are Wall Street analysts saying about Constellation Brands stock?

Here are some recent quotes from research analysts about Constellation Brands stock:
  • 1. According to Zacks Investment Research, "Constellation Brands outpaced the industry in the past three months owing to a robust surprise trend and strength in beer business. The company has reported positive earnings surprise in 16 of the last 17 quarters, with sales beat in the last five quarters. It is poised to gain from constant brand-building efforts, acquisitions and pipeline of innovations. It is also likely to benefit from exposure in the cannabis space with the Canopy Growth investment. However, the company issued a soft outlook for fiscal 2020, as earnings is likely to be hurt by higher interest expenses due to the Canopy Growth-related investments and persistent softness in the wine & spirits segment. The estimated interest expenses for fiscal 2020 includes incremental interest expenses of $105 million related to the financing of the Canopy deal. Further, results for the wine & spirits segment is likely to be hurt by the sale of 30 brands to Gallo." (4/24/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "STZ’s CAGNY pres. was upbeat on the runway for growth in beer (> 70% of EBIT); however, mgmt. wanted to level set expectations in key areas (beer OM %, near-term EPS dilution from wine divest./WEED). STZ’s med-term target for ~10% EPS CAGR was reiterated despite likely declines in FY20. We trim our PT to $255/concede shares likely to tread water near-term, though see beer biz as one of best in CPG and valuation as attractive at ~13.5x EV/EBITDA (ex-Canopy)." (2/21/2019)
  • 3. Pivotal Research analysts commented, "We are convinced that CGC is the best way to play the rapidly growing cannabis market and investors should begin to fully reflect that value and CGC’s prospects, rather than penalizing STZ for the cash carrying costs of the investment, in our view. This makes STZ a truly compelling BUY. VALUATION: Constellation trades at 15.8x our estimate of EV/EBITDA, no doubt as “cheap” as STZ has been in the past five years. If one takes the POV that CGC could double to a $20 billion market cap in 18-24 months (our personal view) then Constellation will have a $10 billion investment as an add-back to EV and thus on the basis of core EBITDA of around $3,000, could trade at 20x that or over $300 based on FY20 EBITDA and the equity value of CGC. We’ve haircut that today but still view it as a more likely than not scenario." (1/9/2019)

Has Constellation Brands been receiving favorable news coverage?

Media coverage about STZ stock has been trending positive this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Constellation Brands earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Constellation Brands.

Are investors shorting Constellation Brands?

Constellation Brands saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 8,118,600 shares, an increase of 13.9% from the June 15th total of 7,127,100 shares. Based on an average trading volume of 1,610,000 shares, the days-to-cover ratio is presently 5.0 days. Approximately 5.1% of the shares of the stock are sold short. View Constellation Brands' Current Options Chain.

Who are some of Constellation Brands' key competitors?

What other stocks do shareholders of Constellation Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Alibaba Group (BABA), Canopy Growth (CGC), Netflix (NFLX), Walt Disney (DIS), Home Depot (HD), Boeing (BA), Cisco Systems (CSCO), Micron Technology (MU) and salesforce.com (CRM).

Who are Constellation Brands' key executives?

Constellation Brands' management team includes the folowing people:
  • Mr. Robert S. Sands II, Exec. Chairman (Age 60)
  • Mr. William A. Newlands, Pres, CEO & Director (Age 60)
  • Dr. Richard Sands, Exec. Vice Chairman (Age 68)
  • Mr. David Eric Klein, Exec. VP & CFO (Age 55)
  • Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.42%), BlackRock Inc. (6.42%), Vanguard Group Inc. (6.34%), Bank of America Corp DE (1.85%), Jennison Associates LLC (1.42%) and Janus Henderson Group PLC (1.23%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Jr Sabia, James A Locke III, Jeremy S G Fowden, Richard Sands, Robert Sands, Thomas J Mullin, Thomas Michael Kane, William A Newlands and William F Hackett. View Institutional Ownership Trends for Constellation Brands.

Which institutional investors are selling Constellation Brands stock?

STZ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Mackenzie Financial Corp, Strs Ohio, Voloridge Investment Management LLC, AQR Capital Management LLC, Diamond Hill Capital Management Inc. and KBC Group NV. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, David Eric Klein, James A Jr Sabia, Jeremy S G Fowden, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.

Which institutional investors are buying Constellation Brands stock?

STZ stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of America Corp DE, Nuveen Asset Management LLC, Invesco Ltd., Westfield Capital Management Co. LP, Waddell & Reed Financial Inc., Janus Henderson Group PLC and Janus Henderson Group PLC. View Insider Buying and Selling for Constellation Brands.

How do I buy shares of Constellation Brands?

Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Constellation Brands' stock price today?

One share of STZ stock can currently be purchased for approximately $200.76.

How big of a company is Constellation Brands?

Constellation Brands has a market capitalization of $38.46 billion and generates $8.88 billion in revenue each year. The company earns $3.44 billion in net income (profit) each year or $9.28 on an earnings per share basis. Constellation Brands employs 9,800 workers across the globe.View Additional Information About Constellation Brands.

What is Constellation Brands' official website?

The official website for Constellation Brands is http://www.cbrands.com/.

How can I contact Constellation Brands?

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]


MarketBeat Community Rating for Constellation Brands (NYSE STZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  733 (Vote Outperform)
Underperform Votes:  704 (Vote Underperform)
Total Votes:  1,437
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/23/2019 by MarketBeat.com Staff

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